ENGINE TECHNOLOGY FORUM

EIN: 371394262 Community Improvement

FREDERICK, MD

Total Revenue
$1,069,550
Total Expenses
$1,287,024
Total Assets
$751,889
Net Assets
$374,164
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2000
Legal Domicile
DE
Principal Officer
ALLEN R SCHAEFFER
Phone
3016687230
Tax Period
2024-01-01 to 2024-12-31

ENGINE TECHNOLOGY FORUM, founded in 2000, is a community nonprofit in the Community Improvement sector that reported $1.1M in total revenue in fiscal year 2024. Revenue decreased 6% compared to the prior year. Expenses of $1.3M exceeded revenue, resulting in a 20% operating deficit.

Mission

THE ENGINE TECHNOLOGY FORUM, INC. IS A NON-PROFIT ORGANIZATION WHOSE MISSION IS AS FOLLOWS: - TO BE THE LEADING VOICE CHAMPIONING THE VALUE, PROGRESS, AND FUTURE IMPORTANCE OF INTERNAL COMBUSTION ENGINES, TECHNOLOGIES, VEHICLES, AND EQUIPMENT AS WELL AS THE FUELS THAT THEY USE. - TO POSITIVELY INFLUENCE PUBLIC AND POLICYMAKER OPINIONS REGARDING INTERNAL COMBUSTION ENGINES AND THE TECHNOLOGIES, VEHICLES, AND EQUIPMENT THEY POWER UTILIZING SUSTAINABLE AND OTHER FUELS AND THEIR ROLE IN ACHIEVING ENERGY, ENVIRONMENT, AND ECONOMIC GOALS. - TO CONTRIBUTE TO THE GREATER AWARENESS OF INTERNAL COMBUSTION ENGINES, VEHICLES, EQUIPMENT, AND TECHNOLOGY USING RENEWABLE AND OTHER FUELS, AS VALUED OPTIONS FOR DECARBONIZATION OF KEY SECTORS OF THE ECONOMY. - TO WORK WITH ALL STAKEHOLDERS SEEKING SOLUTIONS TO REDUCE GREENHOUSE GAS AND OTHER EMISSIONS FROM FREIGHT TRANSPORT, AGRICULTURE, CONSTRUCTION, AND MINING, AS WELL AS OTHER INDUSTRIAL AND COMMERCIAL APPLICATIONS. - THROUGH PUBLIC EDUCATION AND OUTR

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $50,000
Program Service Revenue $996,917
Investment Income $22,633
Other Revenue $0
TOTAL REVENUE $1,069,550

Expense Breakdown

Grants Paid $0
Salaries & Benefits $789,099
Fundraising Expenses $0
Other Expenses $497,925
TOTAL EXPENSES $1,287,024

Year-over-Year Comparison

2024 2023 Change
Revenue $1,069,550 $1,132,738 -0.1%
Expenses $1,287,024 $1,155,210 +0.1%
Net Income $-217,474 $-22,472 +8.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
9
Independent Members
9
Employees
4
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$438,328
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARGARET CARAVELLI TREASURER 1.00
Officer Director
$0 $0 $0
CATHY VAN WAY CUMMINS INC SECRETARY 1.00
Officer Director
$0 $0 $0
NEVILLE FERNANDES CHEVRON RENEWABLE DIRECTOR 1.00
Director
$0 $0 $0
CHRIS WALTERS FPT INDUSTRIAL DIRECTOR 1.00
Director
$0 $0 $0
WARREN BOGARD GENERAL MOTORS DIRECTOR 1.00
Director
$0 $0 $0
NICK BLOCK JOHN DEERE DIRECTOR 1.00
Director
$0 $0 $0
MATT LEUCK NESTE DIRECTOR 1.00
Director
$0 $0 $0
GARY OSHNOCK STELLANTIS DIRECTOR - 9 1.00
Director
$0 $0 $0
JONATHAN MILLER VOLVO GROUP NA DIRECTOR 1.00
Director
$0 $0 $0
ALLEN R SCHAEFFER EXECUTIVE DI 40.00
Officer
$388,299 $50,029 $438,328
JESSICA PUCHALA SENIOR DIR M 40.00
Highest
$127,622 $13,761 $141,383
KARA GUNDEL DIR. PUBLIC 40.00
Highest
$109,966 $12,137 $122,103
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $1,069,550 $1,287,024 $751,889 $-217,474
2023 $1,132,738 $1,155,210 $997,344 $-22,472
2022 $1,164,298 $921,095 $1,070,896 $243,203
2021 $1,111,835 $937,935 $840,150 $173,900
2020 $1,189,098 $909,477 $635,915 $279,621
2019 $1,337,019 $1,172,699 $494,843 $164,320
2018 $1,320,100 $1,468,973 $497,153 $-148,873
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